Bill > HJR0021

This resolution is a fiscal document from the Illinois House of Representatives that estimates the state's general fund revenues for fiscal year 2026. The resolution details projected revenue sources based on projections from the Commission on Government Forecasting and Accountability, explicitly excluding any revenue enhancements proposed by the Governor. The estimated revenues are broken down into multiple categories, with state taxes comprising the majority of projected income: personal income tax is estimated at $28,245 million, sales tax at $10,459 million, and corporate income tax at $4,781 million. Additional revenue sources include public utility taxes, cigarette and liquor taxes, inheritance taxes, insurance taxes, and interest on state funds. The resolution also includes estimated transfers from sources like the lottery, gaming, sports wagering, and cannabis, with a total estimated general fund revenue of $47,484 million for state taxes and $2,470 million from transfers, bringing the total estimated available funds to $49,954 million for fiscal year 2026.

https://www.ilga.gov/legislation/BillStatus.asp?DocNum=21&GAID=18&DocTypeID=HJR&SessionID=114&GA=104